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Market-based solutions to climate change have failed to deliver
Media Type |
audio
Categories Via RSS |
Business
News
Non-Profit
Politics
Publication Date |
Dec 21, 2020
Episode Duration |
00:24:22

Carbon pricing systems have been celebrated as instruments for combatting climate change, but how effective are they really? David Victor, co-chair of the Cross-Brookings Initiative on Energy and Climate, joins David Dollar to explain why market-based solutions for addressing climate change have fallen short of their promise. Victor examines how politics have hampered the effectiveness of market policies in key sectors, like transportation and aviation, and the political barriers the Biden administration will need to overcome in order to make real progress on climate change.

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